ETH rises, but remains in a downtrend on November 1
BROBROK News · Based on reporting by DiarioBitcoin ·
ETH traded at $2,258.04 on November 1, 2026, still 54.37% below its all-time high. Although the token was reported up 1.03% on the day, volume stayed well below the 30-day average and technical indicators continued to show weakness.
Key points
- ETH is 54.37% below its all-time high.
- Daily volume was far below the 30-day average, suggesting limited participation.
- RSI at 33.5, stochastic at 21.8, and MACD all point to selling pressure.
- Price remains below short- and medium-term moving averages, but above the 200-day average.
- The $2,214.78 area is being watched as a technical support level.
Why it matters
For crypto investors, this looks like a weak rebound within a broader downtrend, not a confirmed reversal. Thin volume and bearish technicals mean the move has limited evidence behind it so far.
Original headline: “ETH el 1 de noviembre de 2026: rebote débil frente a una tendencia bajista”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.